Zip 48847 (Ithaca, MI) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Ithaca cost of living score
73.7
Less expensive
26.3% lower
than the US average
19.5% lower
than the Michigan average
Ithaca (zip 48847), Michigan gets a BestPlaces Cost of Living score of 73.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.3% lower than the U.S. average and 19.5% higher than the average for Michigan.

Zip 48847 (Ithaca, MI)

Housing costs in Ithaca?
A typical home costs $149,800, which is 55.7% less expensive than the national average of $338,100 and 31.5% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Ithaca costs $840 per month, which is 23.6% cheaper than the national average of $1,100 and close to the state average of $830.

Can I afford Ithaca?
To live comfortably in Ithaca (zip 48847), Michigan, a minimum annual income of $28,800 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Ithaca?
Ithaca, MI is a small town with a population of just over 500 people. The cost of living in Ithaca is quite affordable compared to larger cities and towns. Housing costs are low, with the median home value being around $107,000. Groceries and other goods are also relatively inexpensive, making it easier to live within your budget. Utilities are generally low due to the town's small size, so you can expect to keep your monthly bills at a reasonable level. Overall, living in Ithaca is an affordable option for those looking for a quiet place to call home.
   Cost of living score
     CategoriesIthacaMichiganUnited States
  73.791.5100.0
  90.693.4100
  87.784.8100.0
  37.771.2100.0
  $149,800$218,700$338,100
  97.9%100.1%100.0%
  89.6115.1100.0
  84.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime